Castle Company produces throw blankets that are popular holiday gifts. Standard
ID: 2374145 • Letter: C
Question
Castle Company produces throw blankets that are popular holiday gifts. Standard variable costs relating to a single blanket are given below:
Overhead is applied to production on the basis of direct labor hours. During March, 924 blankets were manufactured and sold. Difference between standard and actual cost per blanket produced during March: $0.10 F.
Selected information related to the month%u2019s production is given below:
Submit an Excel document with each tab labeled by item number in good form that demonstrates the following through your calculations:
Standard Quantity of Hours Standard Price or Rate Standard Cost Direct materials ? $5 per yard $? Direct labor ? ? $? Variable manufacturing overhead ? $2 per direct labor-hour $? Total standard cost $?Explanation / Answer
https://docs.google.com/viewer?url=http://www.tekamah.esu2.org/teacherlinks/farrens/accounting/Spreadsheet-Accounting.pdf&chrome=true this might help plz do rate
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